Outsourcing Times

July 11, 2004

National Risks of Offshore Outsouring

The Motley Fool actually conveys the political and economic risks of outsourcing pretty well. You must take the good with the bad.

If countries that provide outsourcing services, such as India, the Philippines, and Malaysia, suffer major political unrest, business activities could be affected. And if American companies send technical and customer information for processing overseas, they could be handing it over to would-be competitors or troublemakers in other nations. Finally, if it reaches the point where certain jobs, such as important technology-related ones, are mainly done abroad, then U.S. workers will lose that expertise, which is critical for job advancement, competitiveness, and innovation.

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July 11, 2004 in Economics, Security | Permalink

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